Assessor Resource
FNSISV401A
Evaluate risk for new business
Assessment tool
Version 1.0
Issue Date: May 2024
This unit applies to job roles, including underwriting in a range of insurance sectors and may be applied within organisations of various sizes and across a range of customer bases.
This unit describes the performance outcomes, skills and knowledge required to evaluate risk for new business including gathering the risk information, and reviewing and assessing it against appropriate risk criteria.
This unit is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements including legislation administered by the Australian Securities and Investments Commission (ASIC).
You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)